Curbio 'strongly' denied claims on Monday by Washington, DC's attorney general that the pre-sale renovation startup violated consumer protection laws through 'deception, intimidation and fraud'
After exceeding 8% in October, rising mortgage rates overtook 'lack of housing inventory' as the top concern for real estate agents, according to the latest monthly Inman Intel Index results.
The National Association of Realtors and Keller Williams have hired former US solicitors general to help them beat back the multibillion-dollar verdict
For weeks, the eyes of real estate's agents and leadership were on the Sitzer | Burnett trial. They shared their thoughts and fears as part of Intel's monthly real estate sentiment survey
The industry is still unpacking the Sitzer | Burnett verdict and its impact on commissions, Inman Director of Research Chris LeBarton told Intel. After that, expect even more queries from clients
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases
A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered 'illogical, harmful, irrational and anticompetitive effects' of NAR's cooperative compensation rule
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
Members of the inaugural class of Inman Influencers told agents during a roundtable discussion to wield video, defy the market, get a coach and shed fears of rejection to succeed in the new year
In their session at Inman Connect virtual, these 3 brokerage leaders discussed how they've worked to carve out a central place in the communities they serve
A group of prominent real estate voices laid out several actionable steps for building through a slow market at Inman Connect
Sellers located outside of Offerpad markets who contact the iBuyer for services will be connected with eligible agents in the Anywhere Leads Network
The longtime film and TV set decorator turned to staging for NYC-based real estate firm Archpoint Advisory on the cusp of the WGA and SAG-AFTRA strikes and is enjoying the opportunity
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior
Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time
Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30% as a result of ongoing threats to the real estate industry
Nicholas Greer decided to have some fun with one of his listings. He made a lot of people angry. 'I’m just an artist at heart,' he told Inman earlier this week. 'I can’t turn that off'
St. Joseph statues, canceled flights, horseshoes, oh my! When clients are already nervous about a transaction, Friday the 13th could be the 'nail in the coffin,' agents said
Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive commission landscape
Nearly 1 in 4 homes that were overpriced at listing will end up being delisted in the slower fall months, according to a new report
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service
In a sign of the listing portal's growing influence, Homes.com hit more than 100M unique visitors in September, sparking a 1,290% annual increase in traffic. Now the portal is second only to Zillow
Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250
As younger homebuyers revive an age-old fascination with astrology in the aftermath of the pandemic, agents, designers and astrologers told Inman the stars are aligned for a resurgence
The 3rd annual Top Producers list honors 388 agents and team leaders who raked in $8.53B in 2023 alone, reflecting the growing influence of LGBTQ+ agents in the industry, the Alliance says
Newly minted ERA Brand President Alex Vidal shares insight into his first 100 days at the helm, what ERA's 'magic' is, and how his first job as a secretary prepared him to lead a brokerage
Open houses have been on the decline for decades, with a typical seller hosting just 1 open house before a sale. But an Intel review of data shows a downturn could breathe new life into the practice
A rally at NAR headquarters in Chicago drew few Realtors on Monday, but organizers at the NAR Accountability Project declared a win nonetheless after NAR lost its 'Great Place to Work' merit
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including 'no longer forcing homesellers to pay buyer’s agents'
The former No. 1 Engel & Völkers Americas agent tells Inman how real estate professionals can build top businesses by targeting a niche
Judge Patti Saris preliminarily approved the deal after settlement fund restructuring. The case could provide a sneak peek at broader changes pending bombshell commission suit outcomes
Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections
Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
The overlap in offerings will empower clients on both sides of the partnership, providing Local Logic users with granular insights on the financial aspects of homes within market reports
UTour empowers 'unattended access,' combining a voice tour generated by artificial intelligence, chat tools for in-tour buyer questions and a security feature for users
Computer vision can scan photos of an entire market and use what it learns to create quality and condition benchmarks according to a specific submarket and price range
The company agreed to resolve the claims against it for $83.5M. Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to 'change its practices'
Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according to reports
Company's quick turnaround of marketing assets is ideally designed to complement the urgency-based system 72SOLD leverages to promote listings, said co-founder of BoxBrownie Brad Filliponi
Even as real estate companies cut costs and narrowed losses in the second quarter of 2023, the third quarter may deliver the truest test of their financial mettle, Mike DelPrete told Intel
Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to data released Friday
Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests
Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010
Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get
Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey
The outlook is mixed, but 'it does look like prices may have bottomed out and are on their way back up,' said CJ Patrick Company CEO Rick Sharga
Retail investors and local landlords offer real estate agents a variety of options for staying active in a market bereft of traditional inventory. You simply need to know how to connect with them
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August
Price declines were bigger in the spring than in the late winter, according to quarterly home sales data issued Thursday by NAR. But to real estate agents in most US markets, it didn't feel that way
Everyone's talking about chatbots. But 3 experts at Inman Connect Las Vegas explored AI's other cutting-edge applications for agents during a panel on Wednesday
Judge Patti Saris, of the US District Court in Massachusetts, said she 'loved' the commission rule changes the deal includes, but didn't think the litigation fund was fair for plaintiffs
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference
'The part that I can't control is the market, but I can control my market share,' Christie’s International Real Estate CEO Thad Wong said at Inman Connect Las Vegas on Tuesday
Homeowners feel locked in and for good reason. But sellers should know the other side of the coin too, agents argued at Inman Connect
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally 'bullied' into change
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
'Belong to the private clubs, golf at the best golf clubs,' Jean Merkelbach, of Engel & Völkers said at Inman Luxury Connect. 'Be where they are so they recognize you'
How do you balance what a privacy-driven luxury seller wants when it’s a clear break from MLS rules and general industry standards? Panelists at Inman Luxury Connect discuss the challenges
Luxury agents can earn points for authenticity by giving clients a clear picture of prices today's housing market will bear as long as it's backed by data, experts said at Inman Luxury Connect
In a down market, clients might not like what agents have to say. But they need to hear it anyway, Frances Katzen of Douglas Elliman and Rachel King of SERHANT. agreed at Inman Luxury Connect
Panelists Joyce Rey and Paul Benson share how they make deals happen in a transitioning market
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
A rising tide of economists are backing away from early forecasts that the US is very likely to enter a recession later this year or by the first quarter of 2024. But some still see dark clouds ahead
The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of 2 highly anticipated bombshell commission trials later this year
The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs
Daniel Kenigsberg alleges a series of fraudulent documents led to his land being stolen last fall before contractors built a single-family house on his half-acre of land in Connecticut
The Fed has raised interest rates to fight inflation in the past. A new Intel analysis illuminates the data behind the 'rate lock' of the early 1980s and how long it took home sales to eventually recover
Buyers and brokers view deals differently. But they don’t have to be adversaries. Here are strategies to bridge the gap
Tawan Davis started the Steinbridge Group in 2016. Today it boasts $500M in active investments, a number that could triple by 2025, he tells Inman. Here's how he's thriving amid the uncertainty
Nearly half the people who moved within the US in the past year believe they’ll be impacted by climate change in the next decade, according to a survey the company conducted in the spring
Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. 'Nobody wants to sell anything today'
With an influx of tech and entertainment giants like Tesla and Universal Studios, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find new listings
A drop in supply was enough to offset the drop in demand, sending prices up 2.6% in July. That's the biggest jump since November, according to Redfin
As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market's future
Prices rose 0.7% from April to May after adjusting for increases typically experienced in spring, according to estimates released Tuesday by CoreLogic and the Federal Housing Finance Agency
Ahead of her stage appearance at Luxury Connect, @properties' McCormick — Chicago's No 1 luxury broker — shares what buyers truly care about, the key to storytelling and other advice
Like the energy of its premier city, homebuyers and sellers in New York State are grappling with a rollercoaster summer, with extreme buyers' and sellers' markets taking consumers on a wild ride
In an interview with CNBC on Wednesday, Redfin CEO Glenn Kelman laid out some of the variables that might begin to unlock home inventory in the years to come, including adjustable rate resets
Record-low inventory and rebounding buyer demand led to a 3.8 percentage point increase in seller profit margins — the first since Q2 2022, according to a report from Attom
Despite a 7% drop in single-family housing starts from a month earlier, builder sentiment remains high due to strong demand for new homes, according to Census Bureau data released Wednesday
Buyers have been holding out for a 5.5% rate — but they may need to adjust their expectations, Maegan Sherlock, a senior research analyst for John Burns Research and Consulting, tells Intel
Undeterred by high mortgage rates, buyers battling over scant inventory pushed June's median sale price to the 2nd-highest level in history, according to new data released Monday by Redfin
As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of 2 markets that offers opportunities for luxury buyers — and next to nothing for everyone else
It doesn't matter that there are fewer buyers to compete against. Rising mortgage rates and depleted inventory continue to erode options, according to new Redfin data released Thursday
Foreclosures are still affecting a tiny slice of the nation's home inventory. Here are the markets where you're most likely to find one, according to a new report from Attom
Opinion
ShowingTime+, an offshoot of Zillow, has released Listing Showcase, a new way to market listings on the popular consumer search site that makes the agent the centerpiece
Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday
The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor's request to change the date because it conflicts with KW's Family Reunion
Ahead of Inman Connect Las Vegas, Align Real Estate founder Tiffany Pantozzi told Inman she concealed her pregnancy last year out of fear clients would discount her ability to juggle the work
The average sale price nationwide just exceeded 100% of list price for the first time since August of last year, according to a new market report from Redfin released on Thursday
Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up
In anticipation of the July 21 premier of 'Barbie,' Airbnb has listed a real-life DreamHouse for 2 lucky guests. A Malibu broker estimated closing costs and a sales price for the fabled pink palace
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel
Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the US Constitution
Sales of pending homes declined 2.7% in May and were down 22.2% from a year ago, but the Northeast saw a 12.9% increase, according to new data from the National Association of Realtors
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December
The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher
More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market
Sales of newly built single-family homes were at a seasonally adjusted rate of 763,000 during May 2023 — 20% higher than the levels seen in May 2022, according to data from the US Census Bureau
Home-flipping activity remained high during the first 3 months of the year after a sharp drop. Profits also rose slightly, according to property data firm Attom
The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000
Staging leaves a lasting impression on potential buyers. Chris Pollinger sat down with Nicole Senia and Samantha Senia of Elite Home Staging to uncover the latest trends in luxury design
The number of homes for sale in the United States fell 7.1% year over year to 1.4M on a seasonally adjusted basis, according to a new report from Redfin
It wasn't easy, but builders survived the market downturn without mass layoffs. And they've clawed their way back near normal sales levels
Moving technology and concierge company MoveEasy has rebranded as LiveEasy to accommodate new tools, better connectivity and its introduction to the rental market
The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled
US home values grew 1.4% between April and May of 2023 — slower than the past 2 springs but faster than both the 2018 and 2019 spring markets
Two fake Zillow listings went viral at the end of May — one was a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers
While Zillow remains centered on consumer search and lead generation, offspring ShowingTime+ is becoming the 'super app' the industry giant promised, according to the company
Ahead of her appearance at Inman Connect Las Vegas, the CEO of Laurie Finkelstein Reader Real Estate shares why absorbing information and attending events is more crucial than ever in 2023
May was a strong hiring month for the US as a whole. But in a down market, real estate didn't quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics
If the parties don't settle, expect a lengthy trial for the Moehrl homesellers' case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America
Ahead of her appearance at Inman Connect Las Vegas, media strategist Shannon McKinstrie shares how agents can tap into social media as a lead generator without falling into a time-suck
A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit
The home has 3 bedrooms but isn't livable, because it has been left abandoned for some time and has become derelict and dangerous. It attracted 5 bidders after originally listing for AU$1.2M
Early-pandemic migration trends are still impacting market growth, with pandemic boomtowns' home price growth still outpacing historically expensive coastal markets
Beach-Homes.com will help homebuyers find beachfront, beach-view and beach-access homes easier with more than 68,000 coastal properties across 14 states, according to the company
The median US home sale price fell 4.1% or $17,603 year over year to $408,031 between April 2022 and April 2023, according to a new report from Redfin
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a 'standard' commission and will have to negotiate compensation with clients and listing brokers
Tamir Poleg believes an in-the-works, consumer-facing app his brokerage is developing will dramatically alter the process of buying and selling a home
The founder of the HomesUSA platform tells Intel how he became the nation's highest-volume broker — and what metrics he tracks each month
Real estate agent Kouri Richins then wrote a book with her 3 children to help kids cope with the sudden loss of a parent, according to charging documents filed in the case earlier this week
While merely a technical value-add for many, there is great potential in opening up iGuide’s dynamic, data-driven capabilities to a wider audience, according to the company
RentSpree's end-to-end solution was selected by Rhode Island Association of Realtor’s Statewide MLS, Heartland MLS, Intermountain MLS and REsides Inc., the company exclusively told Inman
LGBTQ+ real estate professionals explain the impact of more than 320 anti-LGBTQ laws on LGBTQ homeownership and housing rights, in the LGBTQ+ Real Estate Alliance's 3rd annual survey
A 'drought' of new listings is driving up prices, reversing the sluggishness of late 2022, and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow
Are homebuyers asking for concessions? Are bidding wars ubiquitous in your market? Answer a few simple questions to determine if your area favors homebuyers or sellers this spring
Despite economic turmoil, investors large and small are still a force to be reckoned with in the housing market. Intel broke down the cities they've soured on — and the ones they just can't quit
For now, a seasonal surge in home activity has arrested falling prices in most US markets, according to Q1 metro home price data released Tuesday by the National Association of Realtors
The share of homes that were worth at least 50% more than their mortgage fell for the second straight quarter. Still, a few homes are facing foreclosure, according to the latest report
Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners
The Texas agent, who specializes in new construction and routinely tops industry lists, sold more than 6,000 homes last year, setting a new record
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In Q1 2023, the profit margin on a median-priced US home was 44.2%
Consumer spending remained high while the broader economy slowed, growing just 1.1% in the first 3 months of 2023, according to data released Thursday by US Bureau of Economic Analysis
Opinion
A USPS report found that more than 70 percent of Gen X survey respondents feel mail is more personal than online digital communications. Forty-seven percent of millennial respondents said they took the action of visiting the website of a company sending them direct mail
Some real estate agents are earning tons in extra splits from their brokerages, the real estate advisor told Intel. Everything seems great — until they're told to pay it back in full
Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains
The integration is now live within SentriLock’s mobile app, and activating it displays a series of visual breakdowns on home valuation and adjacent market activity
Investor profits are falling, and the number of investors losing money reached the highest point since 2016, according to a new report from Redfin
Zonda has released a front-end system for finding new-construction homes called Livabl, 'to strengthen our partnerships with builders throughout North America,' Livabl says
During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust
The brokerage is recruiting agents and regional directors from the military community to help launch the Compass Military Division in July
Homes in the lower tier of pricing are still 8% more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow
A majority of Americans born between 1981 and 2013 believe that, short of winning a big-ticket lottery, the likelihood of affording a home in the US is low, according to a new survey by Zillow
The dust has begun to settle from the great pandemic home-price boom and bust. An Intel deep-dive analysis sheds light on which markets have been hit hardest by falling prices — and why
The Real Brokerage founder Tamir Poleg shares how his rapidly growing business scooped up so much market share last year against the odds — and what the market holds in the days ahead
Builders pushed forward with more single-family projects for the second month in a row, but remained far less active than in 2022, according to data issued Tuesday by the US Census Bureau
Lawsuit says hundreds of real estate investors lost tens of thousands of dollars due to practices by the company, Build Realty. A judge ruled the case can move forward as a class action
Crow Holdings chair Harlan Crow, already under scrutiny for his role as a benefactor to the US Supreme Court Justice, reportedly bought 3 properties from Thomas, including his mom's home
The company's transaction growth in 2022 was second only to eXp's. Here's what's fueling its rapid rise, and what to expect after its 'exponential growth phase,' according to analyst Mike DelPrete
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data
From 2019 to 2023, the number of agents who left a brokerage due to a weak culture doubled to 30%, according to a recent Coldwell Banker survey
Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023
Amenities that appeal to cooking enthusiasts, like steam ovens, pizza ovens or professional-grade appliances, can also add as much as 5.3% more to a home's sale price, a new analysis shows
Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics' K.C. Conway, a seasoned Federal Reserve veteran, told Intel
Real estate agent Sarah Rogers' latest listing received a rare seal of approval from Zillow Gone Wild, a social media page famous for highlighting the industry's wackiest listings
The National Association of Realtors' 2023 Profile of Home Staging reveals a quarter of all staging efforts yield additional profits of up to $18,935 for a median-priced home
From 'NAR is toast' to 'don't make any rash decisions,' real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday
Pitt began shopping for a buyer at a $40M asking price in January, according to reports. The home, which he purchased from actress Cassandra Peterson 'Elvira', was never publicly listed
Realtor.com's latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity
'Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months,' said NAR's Lawrence Yun
Amid a wavering economy, homebuyers and sellers continue to want expert advice from agents while looking to prepare for the future, and for Gen Z that means finding 'green homes'
This spring won't be easy for homebuyers and their agents, but history is full of examples in which the supply of homes went down, but sales kept chugging along, according to an Inman analysis
Its efforts move on for judgment at the district level and potentially the national competition, pitting the proptech against some of the nation’s most recognized consumer brands and agencies
From house hacking to the BRRRR strategy, try these approaches to reach financial independence with real estate. Better yet, combine several of them for even faster results
Baby boomers have long enjoyed advantages over millennials in the home market. Now, they outnumber them, according to data released Tuesday by the National Association of Realtors
Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn't crush it forever, according to an Inman analysis
Brad Inman pens a letter to the real estate industry, published here in full, alongside Inman's Roadmap to Real Estate's Future, which grew out of 3 days of insight at Disconnect 2023
A contracting market will place pressure on struggling startup entrepreneurs while some broker-owners use the down market as an opportunity to nail down a succession plan, analysts told Intel
5 real estate experts explain how rising mortgage rates, inflation and economic uncertainty could impact baby boomers and millennials this spring and how both groups can succeed
As the market shifts, so are homesellers' tactics. Nearly half of sellers offered concessions or price cuts during the beginning of the year, a reverse of years of bidding wars
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come
Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo
Leaders and agents who took Inman's first Intel leadership survey said inventory is among their biggest challenges right now — but growing in 2023 isn't totally out of the question
The real estate industry got 2 kernels of good news in the latest jobs numbers from the US Bureau of Labor Statistics
The new franchises add to the brand's presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries
Paul Austin and wife Tenisha Tate-Austin sued appraiser Janette Miller in 2021 after a lowball quote prompted the couple to pose a white friend as the homeowner for a second appraisal
The CEO of construction tech startup Welcome Homes thinks builders will have to take risks to prevent a massive affordability crisis, the likes of which haven't been seen since the early 1980s
'Together, we can deliver more of what buyers want in today’s market: Move-in ready homes,' — Revive CEO and founder Michael Alladawi
It's the highest price yet for the former Ramsey home, which hasn't sold in nearly 20 years despite several attempts in the $2M range
On the heels of RE/MAX's 50th anniversary and R4 conference, RE/MAX CEO Nick Bailey shared with Inman a sneak-peek into the franchisor's tech and growth strategy for 2023
Real estate firms that work with foreign buyers have seen an uptick in business from outside the US, 'The Wall Street Journal' reports
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
The new partnership will see Howard Hanna further extend its reach into New York. Meanwhile, Coach will rebrand to include the Howard Hanna name
Real estate decision-makers gathered in Palm Springs to plot the future of the industry at Inman Disconnect. It's a tall task, several leaders proclaimed, including Vanessa Bergmark of Red Oak
A bill moving swiftly through Utah's Legislature would prevent cities and counties in the state from placing restrictions on co-owned homes. The reversal is a big win for Pacaso and its rivals
Home price growth fell 5.8% annually in December, down from a 7.6% gain a month earlier, the latest S&P CoreLogic Case-Shiller Index shows. The FHFA also recorded a chill in appreciation
The Inman founder kicked off Disconnect in Palm Springs, California, on Monday by calling on real estate leaders to deliver a path forward through the rough patches ahead
Murdoch, the News Corp founder and business magnate, has signed a contract to buy the entire 27th floor of the Hampshire House in Manhattan. It's only his latest purchase in recent years
Ohio is the latest state to file suit against MV Realty for deceptive practices following probes by regulators over its 'homeowner benefit agreements' in Florida, Pennsylvania and Massachusetts
In its latest real estate market report, Redfin said the total market value for US homes dropped $2.3T from June to December 2022 — the largest 6-month drop since the Great Recession
Even though the extreme seller's market is in the rearview mirror, disgruntled clients have been filing more lawsuits against their agents, according to an analysis by Victor Insurance Managers
In his State of the Housing Market address on Sunday, Keller Williams' co-founder Gary Keller explained how chaos will force agents to become better competitors — or be left behind
Plunk envisions its data API assisting users in the same way a stock ticker does Wall Street investors, by helping them make critical decisions with the most prompt business information
Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more?
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined
New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a report from the US Census Bureau
Builder confidence rose 7 points in February, to 42, according to the latest NAHB Housing Market Index. It's the highest score since September and the largest 1-month increase in a decade
Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include 2 models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan
Revive has acquired HomePrep outside of Washington, DC, in a continued nationwide expansion, executives told Inman exclusively. The company adds value with no upfront cost to homesellers
Real estate's top thought leaders shared their best advice for thriving in a slower market during CEO Connect in New York last month. Here's what they had to say
This week, the Redfin Homebuyer Demand Index, the brokerage's in-house gauge of buyer activity, hit its highest level since September, rising 21% from an October low, new data shows
To get a clearer picture of where things stand for builders — and where they're headed for investors — Inman compiled financial results from the largest publicly traded homebuilders
Where are home prices falling? Let's map out the 253 cities that saw quarterly declines in the final 3 months of 2022. But there are indications that this isn't a repeat of the 2008 crash.
Despite big rounds of layoffs by companies like Compass and Anywhere, payrolls throughout the real estate industry held firm in January, according to new US Bureau of Labor Statistics' report
All across the country, real estate agents are posting positive signs of change from the trenches and revealing they're suddenly dealing with packed open houses and intensifying bidding wars
Company refreshes brand identity for main franchise and luxury brands ahead of its 10-year anniversary. The new look will roll out through a phased approach starting this week
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
At Inman Connect New York on Wednesday, Dana Cadena, Kathy Helbig-Strick and Phillip Salem offered tips for making the transition from a seller's market to a buyer's market
At Inman Connect New York Wednesday, CEO Brian Boero shared insights from a real estate consumer sentiment study it conducted under the self-imposed mandate to 'shut up and listen'
When the market emerges from this down period, savvy broker-owners will remain judicious with expenses, 3 top executives said at Inman Connect New York on Wednesday
A slate of new companies backed by institutional investors is offering ways for owners to tap home equity. They made their pitch on Tuesday at Inman Connect New York
At ICNY on Tuesday, OJO Labs' Chris Heller and Nest Seekers International's Erin Sykes explain why real estate agents should pay less attention to national data and dig into local insights
'There are casualties in every war, but casualties come from egos and lack of action,' Kinney told an audience at Inman Connect New York on Tuesday
Listing photos on Zillow show firefighters extinguishing the blaze as the $1.5M, 25-year-old mansion actively burns. The house is now under contract after just 6 days on the market
Ahead of a 1st Inman Connect New York appearance, Salem shares their journey from budding fashion mogul to real estate dynamo and the power of authenticity amid a changing market
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
Inventory rose 69% and sales fell 38% to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX
The 6-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home
Opinion
Taking on a foreclosure listing is a big challenge. Make sure you ask these questions first to determine whether listing the home is the best solution for the homeowner
The market isn't done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point
The 3-bedroom, 3.5-bathroom property at 133 E. 64th St. on the Upper East Side sat on the market for 7 months without an offer, according to a report
Chris and Roberta Hanley designed a 5,500-square-foot home with mirrored glass to reflect the surrounding 70 acres of desert landscape near Joshua Tree National Park
In an appearance on 'Barron's Live,' Redfin's CEO explained how rising mortgage rates have trapped homeowners and homebuyers into a housing purgatory, tough for anyone to make a move
Zillow named Charlotte its hottest market of the year, continuing the trend of cities with relatively warm climates taking the top spot, following Tampa in 2022 and Austin in 2021
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
Jenkins, Better Homes and Gardens Native American Group chief marketing officer, sat down with Inman ahead of his appearance at Inman Connect New York later this month
While the nation continues moving away from the pandemic-era lows, it's doing so very slowly and well below rates seen during the Great Recession
Steve Luthman picked to lead Midwest, Southeast and Canada regions; and Syl Apps will head the South America region, the company announced on Wednesday
The nation's highest court will not be weighing in on whether the real estate trade group's Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court
Proptech DropOffer predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023
Preparing a listing to bring to the market is where you can set your service apart. Proper planning during the pre-listing period is essential for a successful sale process
Brokers, agents and homebuilders tallied a solid hiring month amid the holidays even as the downturn in real estate transactions continued, according to the US Bureau of Labor Statistics
The HomeServices of America subsidiary has more than 9,000 agents in over 200 offices in Washington, D.C., and 7 states along the East Coast, from South Carolina to New Jersey
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future
Facebook parent company Meta announced on Dec. 29 that users will no longer be able to share listings on Facebook Marketplace with their business profile, a change that drew agent ire
Home prices grew by 8.6% compared to a year before but fell by 0.2% month over month. By Q2, prices are expected to be lower than they were a year before, CoreLogic says
Stock market declines and recession concerns stopped the luxury market in its tracks in Q3, with home sales in the top percentile of the market declining 38% year over year, according to Redfin
The number of homes that went under contract in November dropped by another 4%, signaling a slow winter, according to data released Wednesday from the National Association of Realtors
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won't change much while mortgage interest rates will continue to dip
‘It’s like that roller coaster where it’s going up and up and up and up. You don’t know what’s going to happen when you get to the top.’ Many investors had a pleasant ride in 2022. But the ride might come to an end.
Home sales posted their biggest annual decline since Redfin started tracking the metric in 2012
While December's data represented the 12th straight decrease in homebuilder sentiment, there is a 'silver lining.' The average price reduction was 8 percent, up from 5 or 6 percent, report says
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
Christie's Real Estate Chris Lim and Ben Fairfield with RE/MAX Western Region Development shared keys to their teams' success in a down market with the Inman Connect Now virtual crowd
Matt Lionetti and Jason Cassity said during Inman Connect Now on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow
After hitting the market in late November for $1.65M, the Astoria, Oregon, home was purchased for an undisclosed price by a superfan who aims to remain anonymous until the sale is finalized
Cost-of-living, cramped quarters and even politics are all top-of-mind for people considering a move in the coming years, a new Harris Poll reveals